VOL. XLII
No. 05
1-February-1999
TUNISIA
Moodys Says Upgrade For Weaker Tunisian Banks Likely
US ratings agency Moodys Investors Service announced on 25January in its annual report on Tunisian banks that it expects a strengtheningof the banking sector in the coming years, although the upgrading of financialstrength ratings is only expected amongst weaker banks. Moodys optimism stemsfrom an increase in the banks earning power, the more commercial approach todoing business that the sector is...
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